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Clause 79 - Double taxation relief

Finance Bill

Public Bill Committees, 8 May 2001, 10:30 am

Photo of Mr John Burnett

Mr John Burnett (Torridge & West Devon, Liberal Democrat)

For clarification, when we talk about A being the top company, B company being a subsidiary of A but overseas and similarly C company, is the hon. Gentleman predicating that B is a 75 per cent. subsidiary of A and similarly C?

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